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Accels Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the incAccels Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 S Net Sales Revenue Cost of Goods Sold InteresAccels Companies Balance Sheet May 31, 2018 and 2017 Assets 2018 Liabilities 2018 2017 2017 Cash 2,400 $ 13,200 10,300 Short

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Answer #1
Current assets / current liabilities = current ratio

2018

52,800 / 28,000 = 1.89

2017

25,200 / 13,200 = 1.91
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